Sublime
An inspiration engine for ideas
Finally embracing the indexing lessons Jack Bogle—the founder of The Vanguard Group and the inventor of index funds—perfected 40 years ago.
JL Collins • The Simple Path to Wealth
Above all, remember (again, courtesy of Warren Buffett), “What the wise man does in the beginning, the fool does in the end.” Or, as the Oracle of Omaha sometimes expresses it, “There are three i’s in every cycle: first the innovator, then the imitator, and finally the idiot.” No matter what fund managers may offer you, don’t you be the idiot.
John C. Bogle • Enough: True Measures of Money, Business, and Life
If the managers take nothing, the investors receive everything: the market’s return.
John C. Bogle • The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
Andy began to read some investment books. He liked Benjamin Graham’s classic, The Intelligent Investor. Ben Graham taught at Columbia University. His best student was Warren Buffett, the man who many people consider to be the greatest investor of all time. Late in his life, Ben Graham also supported the index fund concept, much as Warren Buffett do
... See moreAndrew Hallam • Millionaire Teacher
What I’m ultimately looking for is an industry that is focused on stewardship—the prudent handling of other people’s money solely in the interests of our investors—an industry that is of the shareholder, by the shareholder, and for the shareholder. We need a mutual fund industry with both vision and values: a vision of fiduciary duty and shareholde
... See moreJohn C. Bogle • Enough: True Measures of Money, Business, and Life
John Bogle • "Enough"
“Over time, the aggregate gains made by . . . shareholders must of necessity match the business gains of the company.”